India’s Enforcement Directorate (ED) has raided 11 locations across several cities, including Delhi, as part of an investigation into a $29 million global crypto fraud scheme. The raids were conducted on Wednesday under the Prevention of Money Laundering Act...
Shin Jinwook, the CEO of defunct South Korean crypto exchange Bitsonic, has received an extension to his existing seven-year prison sentence after being found guilty of additional fraud amounting to at least 100 million won (approximately $72,000) as reported...
North Korean threat actors are ramping up a sophisticated campaign of cyber theft targeting the cryptocurrency industry, using fake identities and remote job scams to infiltrate firms and siphon off millions of dollars in digital assets. Cybersecurity researchers at...
At least $142 million was stolen from the cryptocurrency industry in July 2025, marking a sharp rise in digital asset-related thefts. The figure, reported by blockchain security firm PeckShield, reflects a 27% increase from the $111 million lost in...
An employee of Indian cryptocurrency exchange CoinDCX has been arrested in connection with a massive $44 million security breach that occurred in mid-July, according to multiple local media reports. Rahul Agarwal, a software engineer employed by CoinDCX’s parent company...
Richard “FaZe Banks” Bengtson, the co-founder and CEO of FaZe Clan, has resigned following explosive allegations linking him to a failed cryptocurrency project that has rocked both the gaming and crypto worlds. The controversy centers on MLG, a meme...
The founder of the failed cryptocurrency AML Bitcoin, Rowland Marcus Andrade, has been sentenced to seven years in federal prison for defrauding investors and laundering millions of dollars tied to the token’s initial coin offering. According to the U.S....
A new and highly sophisticated wave of phishing scams is sweeping the crypto sector, zeroing in on Coinbase customers with alarming precision. Unlike older scams relying on obvious misspellings or poorly written emails, this latest campaign leverages stolen personal...
Federal prosecutors in the Northern District of Texas have moved to seize more than $1.7 million in cryptocurrency that the Dallas FBI confiscated in April 2025. Acting U.S. Attorney Nancy E. Larson stated that the case involves digital assets...
Australia’s corporate regulator has issued a strong warning to investors over cryptocurrency futures products offered by Bitget, a digital asset trading platform operated by BTG Technology Holdings Limited. ]The Australian Securities and Investments Commission (ASIC) says Bitget is not...
